BJ’s Wholesale Club (NYSE:BJ) Trading Down 4.9% – Should You Sell?

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) dropped 4.9% during trading on Wednesday . The stock traded as low as $92.59 and last traded at $93.5570. Approximately 834,270 shares traded hands during trading, a decline of 56% from the average daily volume of 1,917,747 shares. The stock had previously closed at $98.42.

Analysts Set New Price Targets

Several brokerages recently weighed in on BJ. Citigroup reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, February 20th. The Goldman Sachs Group decreased their price target on BJ’s Wholesale Club from $139.00 to $123.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on BJ’s Wholesale Club in a research note on Thursday, January 8th. They issued a “hold” rating for the company. Evercore reiterated a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Finally, Barclays downgraded BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $115.00 to $90.00 in a research note on Wednesday, January 7th. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $107.63.

BJ’s Wholesale Club Stock Performance

The firm has a market cap of $12.72 billion, a PE ratio of 22.39, a PEG ratio of 3.27 and a beta of 0.33. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. The firm’s 50 day simple moving average is $97.62 and its 200 day simple moving average is $94.26.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The firm had revenue of $5.58 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same quarter last year, the business posted $0.93 earnings per share. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Institutional Trading of BJ’s Wholesale Club

Large investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its position in shares of BJ’s Wholesale Club by 340.2% during the 4th quarter. Hsbc Holdings PLC now owns 29,785 shares of the company’s stock valued at $2,685,000 after acquiring an additional 23,019 shares during the last quarter. PEAK6 LLC increased its position in BJ’s Wholesale Club by 130.2% in the fourth quarter. PEAK6 LLC now owns 4,392 shares of the company’s stock worth $395,000 after purchasing an additional 18,950 shares during the last quarter. Corient Private Wealth LLC raised its stake in BJ’s Wholesale Club by 0.6% during the fourth quarter. Corient Private Wealth LLC now owns 18,491 shares of the company’s stock valued at $1,665,000 after purchasing an additional 113 shares in the last quarter. River Road Asset Management LLC raised its stake in BJ’s Wholesale Club by 9.6% during the fourth quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock valued at $306,436,000 after purchasing an additional 297,952 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in BJ’s Wholesale Club during the fourth quarter valued at $514,000. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.